Amount on flexible budget and static budget

Assignment Help Accounting Basics
Reference no: EM13143930

Which one of the following would be the same total amount on a flexible budget and a static budget if the activity level is different for the two types of budgets?

Variable manufacturing overhead

Direct labor cost

Fixed manufacturing overhead

Direct materials cost

Reference no: EM13143930

Questions Cloud

What is the final pressure in the container : What is the final pressure in the container if 705 mL of helium gas at 205 mm Hg is compressed to 255 mL?
Corporation sold land problem : A corporation sold land (with an adjusted basis of $240,000) for $200,000 to its majority shareholder. (a.) What is the company's recognized gain or loss on the sale? (b.) What is the shareholder's adjusted basis in the land?
Probability that tomatoes will be sold by end of day : If there are 75 baskets of tomatoes available to be sold at the roadside stand at the beginning of a day, what is the probability that they will all be sold by the end of the day?
What is the change in enthalpy : What is the change in enthalpy when 18.4 g of steam at 100?C is converted to liquid water at the same temperature and pressure? The heat of vaporization of water is 40.7 kJ/mole. Answer in units of kJ.
Amount on flexible budget and static budget : Which one of the following would be the same total amount on a flexible budget and a static budget if the activity level is different for the two types of budgets?
What is the total cash paid to the preferred stockholders : Assume that Corporation X has 20,000 shares of $10 par value cumulative 6% preferred stock and 5,000 shares of common stock outstanding. No dividends were paid in 2009 and 2010. In 2011, the board of directors declares dividends of $50,000. What i..
Different ways to estimate bad debt : What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require? Why? Should all companies have bad debt? Explain your answer.
Probability that arrival time between customer will be more : The time between arrivals of customers at the drive-up window of a bank follows an exponential probability distribution with a mean of 10 minutes. What is the probability that the arrival time between customers will more than 20 minutes?
Explain how the two different kinds of mountains are formed : Explain how the two different kinds of mountains are formed by plate movement. Be sure to mention how the density of the plates affects what kind of mountains form.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What was the account balance at the end of specific year

At the end of the sixth year, the account balance was transferred to a bank paying 10%, and annual deposits of $80,000 were made at the end of each year from the seventh through the tenth years. what was the account balance at the end of the tenth..

  What governing bodies set accounting standards

Financial statements are prepared in accordance with what? What governing bodies set accounting standards? Why do you think financial statements are required to be prepared using the same standards?

  Compute operating income from the windstream project

NBS, Inc. is a technology consulting firm focused on Website development and integration of Internet business applications. The president of the company expects to incur $719,600 of indirect costs this year, and she expects her firm to work 8,000 ..

  Discussing finance details of foreign project

A foreign project that is profitable when valued on its own will always be profitable from the parent firm's standpoint. True or false? Explain.

  Bonds payable premium payable expense

On its December 31, Year 1 financial statements, Novastar Corporation would display the following balances: Unamortized Accrued Interest; Bonds Payable Premium Payable Expense:

  Accounting for donation

Gridiron University is a private university. A successful alumnus has recently donated 1,000,000 to Girdion for the purpose of funding a "center for the study of sports ethics."

  Journal entries and computation of depreciation

On January 1, 2005, Solomon Company purchased the following two machines for use in its production process. Calculate the amount of depreciation expense that Solomon should record for machine B each year of its useful life under the following assum..

  Allowable accumulated earnings credit

You determine that $104,000 of the current and accumulated earnings and profits for the year is required for the reasonable needs of the business. The allowable accumulated earnings credit for the year is?

  Debit memo for an nsf check

Accompanying the bank statement was a debit memo for an NSF check received from a customer. What entry is required in the company's accounts?

  Problem related to qualifying charitable contribution

Terry pays $8,000 this year to become a charter member of Mammoth University's Athletic Council. The membership ensures that Terry will receive choice seating at all of Mammoth's home basketball games. In addition, Terry pays $2,200 (the regular r..

  Amount of interest expense

What is the amount of interest expense Herman will show with relation to these bonds for the year ended December 31, 2010?

  Discuss the inherit risks related to sampling methods

Discuss the inherit risks related to sampling methods and how the risk of audit sampling can be minimized by the auditing team.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd